Investing in Real Estate for appreciation and rental purposes
January 14, 2013 1:04 PM Subscribe
What is the most prudent way to go about choosing, managing, and strategizing my "future" real estate empire?
posted by locussst to work & money (13 answers total) 6 users marked this as a favorite
I am considering investing in real estate at some point in my life very soon. I have just read some various books including Rich Dad's guide to Real Estate which recommends investing in a property once you have 20% to put down and then goes through the process of legal issues, etc that you will face.
I was just wondering if anyone had any experience and/or good references for me to further learn about real estate investing? I am coming from a stock market background so anywhere where I could find good real estate research and charts on prices in a given area or other related data (such as average prices for contracting) would be appreciated. Also somewhere that would be me a good "typical income statement/balance sheet" for real estate investors so I could get an idea of typical expenses in this business.
Right now I am in the early stages but look forward to learning a lot and covering many different angles. I am thinking of getting into a small single family home at first and then possibly branching out into apartments or commercial real estate.